The Nonpartisan Study On High-Income Tax Cuts The GOP Doesn’t Want You To Read

[ProfessionalLeftist]

The nonpartisan Congressional Research Service (CRS) issued a report in September that showed that cutting tax rates for the wealthiest Americans did not spur economic or job growth, refuting a key Republican justification for the party’s continued obsession with maintaining the tax cuts for the wealthy they passed in 2003. But when Senate Republicans aired seemingly minor complaints about it, the agency quietly withdrew the report, even as its economic team advised it to stand firm.

The report, as ThinkProgress reported in September, found that tax cuts for the rich spurred income inequality, not economic growth. “There is not conclusive evidence, however, to substantiate a clear relationship between the 65-year steady reduction in the top tax rates and economic growth,” the report stated. “However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”

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http://thinkprogress.org/economy/2012/11/01/1125901/nonpartisan-government-agency-withdraws-study-on-high-income-tax-cuts-after-gop-complaints

[Dem2TheCore]

1. This is another example of anti-

science and anti-intellectual mentality of the RW being allowed to trump research, reason, and evidence.